Sunday 27 March 2011

Sharing the pain

Vince Cable:
...has confirmed the 50p rate on tax will be abolished

He told BBC Radio 5 Live: "It moved up to 50p in an emergency because we had to have a sense of solidarity that everybody was bearing some of the pain, and the chancellor said in the budget that we're going to have to move away from that. I agree with him. The Liberal Democrats agree with him.
I guess solidarity* only goes so far.


* Talking of solidarity, it looks like MPs have finally agreed to take a pay freeze like the rest of the public sector - I'm sure the increase in their expenses is merely coincidental.

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